Structured Settlement

A Structured Settlement is a Settlement in which you receive "Structured" payments on a regular basis. In other words, it is a payment plan, in which, instead of getting a large lump sum, you receive smaller payments in increments. These increments go on weekly, monthly or yearly cycles. These settlements are often known as a win-win situation because the payer needs to come up with a lot less money up-front and the payee has a steady stream of income coming in at all times. This process can also be described as Annuity.

Structured settlements are an increasingly popular option for resolving injury or damage claims. These types of agreements allow the beneficiary to receive periodic (usually monthly) payments instead of a single, large payment all at once.

In traditional settlements, compensation for damages has usually consisted of a single cash payment. Alternative arrangements know as structured settlements were created in the 1980's. Under these arrangements the beneficiary would receive cash for structured settlement payments on a periodic basis. This guaranteed stream of annuity payments could be paid over a period of months, years or a complete lifetime.

Would you like to receive a lump sum of cash for your structured settlement? Thousands of people every month asking that if they can sell structured settlements payment? The answer is Yes! You can sell your future payments for a lump sum of money.

Usually, you can sell either part of your structured settlement or the entire settlement. However, one thing to keep in mind is that the amount you receive as a lump sum will probably be significantly less than if you added up all the payments you would have received over time. In other words, there's still a "cost" in selling your structured settlement. But if you need money now, the cost is reasonable and you can get enough money to meet your current needs, this can turn out to be a great, creative solution to an otherwise stressful situation.

Just because you have received a settlement for your lawsuit, insurance claim, it does not mean you have to wait years to get your money. You can find a structured settlement company that will purchase your structured settlement. When you sell your structured settlement, you get cash now to spend on your needs or desires.

Companies that offer cash for structured settlement have a variety of programs available. You can sell all of your settlement, or just a part of it. Customize your arrangement based on your own unique situation and needs.

Here is an example of how it works: Assume you were in an accident several years ago. You were hospitalized and then underwent months of rehabilitaion. You hired an attorney and sued for pain, suffering and to recover your lost wages. After a lengthy negotiation, the insurance company of the party responsible agrees to a large settlement. However, you only enough money up-front to cover your medical expenses The rest will be paid out over the next 10 to 20 years.

If you do not want to be restricted to monthly or annual payments, you can contact a settlement purchaser to recieve immediate cash for your structured settlement. You can use that cash now for your current needs, or invest it yourself for continuing income.